Home / Travel / Air Lituanica Shows Bitcoin’s Use in Travel is Taking Flight

Air Lituanica Shows Bitcoin’s Use in Travel is Taking Flight

Air Lituanica

Air Lituanica is now usurpation bitcoin for moody tickets as partial of a ongoing bid to welcome new and innovative methods of portion customers.

With a news, a two-plane, Lithuania-based airline becomes a second airline, and second in eastern Europe, to supplement bitcoin payments following airBaltic’s Jul announcement.

In a blog post, Air Lituanica executive of commerce Simonas Bartku illustrated a advantages bitcoin can move to transport businesses, writing:

“Bitcoin payments are rarely profitable for a aviation marketplace – this banking helps to attract some-more buyers from abroad as bitcoins can be used anywhere in a world.”

Air Lituanica’s statements yield a latest justification that bitcoin is gaining traction over a airline attention in a wider tellurian transport industry, and that a flourishing series of consumers and businesses in this zone are looking to daub digital banking as a solution.

Long term, digital banking proponents trust a record can yield genuine preference to travelers due to a hassles and high fees compared with banking acclimatisation as good as a high risk of rascal general travelers face. Further, it seems a flourishing series of businesses are looking to assistance a village exam a prediction.

With this in mind, CoinDesk takes a demeanour during new news that showcases how bitcoin is building traction in a transport industry.

Bitcoin for end travel

In further to appealing to existent transport companies like Air Lituanica, bitcoin is also assisting savvy entrepreneurs benefit a foothold in a space.

For example, only final week, Bali-based transport engagement group BitcoinTour launched with a thought of creation it easier for travelers to use bitcoin to revisit a renouned island. Notably, Bali is partial of a BitIslands initiative, a plan that aims to spin a Indonesian traveller end into a tip end for bitcoin enthusiasts.

BitcoinTour now allows bitcoin users to book flights around vital airlines portion a island, including Air Asia, Citilink and Lion Air, as good as a series of area hotels.

Expedia opens doors to hotels

Another shred of a transport attention that is increasingly meddlesome in bitcoin is a hotel sector. In new months, a Sandman Hotel Group in Canada and during slightest one member of a renouned Dutch easyHotel authorization have begun to accept bitcoin as remuneration from customers.

However, bitcoin transport has recently turn significantly easier with a further of Expedia and CheapAir to a ecosystem, a former of that nets some-more than $1bn in annual revenue, while a latter serves some-more than 200,000 hotels worldwide.

Land transport lags behind

While general transport options have valid to be some-more easy of bitcoin services, land transport alternatives have been reduction discerning to welcome bitcoin.

Still, there have been companies exploring this as-yet untapped partial of bitcoin’s transport sector. For example, CheapAir announced in May that it would accept bitcoin for a Amtrak railway bookings.

Further, PassportParking, a parking solutions provider that serves lots in 35 US states suggested it would find to exercise a bitcoin payments hearing in 2014.

Combined, a news events uncover that bitcoin is gaining belligerent in a transport industry, though that a thought of an easy, bitcoin-only vacation might be years away.

Image around Tallinn-airport.ee

travel

<!–

–>

Article source: http://www.coindesk.com/air-lituanica-shows-bitcoins-use-travel-taking-flight/

Scroll To Top